Pensions Buzz

Two thirds of respondents said it was likely or very likely that significant numbers of defined contribution savers would cut contributions if tax relief was curbed.

More than six out of ten contributors said the number of probes launched by The Pensions Regulator (TPR) into auto-enrolment non-compliance was confirmation that regulations were too complex.

The majority of Buzz respondents believe the Department for Work and Pensions (DWP) has stalled on its plan to deliver a defined ambition (DA) system.

This week, respondents were keen on financial education as an antidote to a poorly-functioning annuities market.

Although almost half of participants were unsure about this question, slightly more were in favour of dropping the distinction than not.

Slightly more Buzz contributors thought The Pensions Regulator (TPR) should have more auto-enrolment (AE) compliance resources than not.

Just under half of participants thought The Pensions Regulator (TPR) should regulate annuity brokers.

Far more respondents (almost half) thought financial education was the way forward for retirees, rather than independent financial advisers (IFAs) or annuity brokers.

Buzz respondents were fairly evenly split on the likelihood of a bubble in US and UK equities.

Jonathan Stapleton asks if falling confidence is leading to a portfolio re-think